Women entrepreneurs, whether they are single or mompreneurs, the business environment is more challenging for them than that of men. It’s not just the balance in work and home that challenges them, there are a lot of other areas, i.e. career path, mentoring, business opportunities, funding options, focus and so on.
Only a limited number of women accept these challenges and climb the ladder of success with a clear career path, better networking and finding new ways, while many either compromise on career change or end up leaving their career to become a stay at home mom and in both of the latter cases the side effects appear as depression, poor fitness, and low enthusiasm.
Let’s see in pictures; what are the major challenges for women in business and how they are tackling the issues, what options they have and what are their choices.
As a fact of the matter, entrepreneurship was once considered a man’s domain, but with the changing trends and diversified lifestyle requirements, we are witnessing a major change. More than 9 million U.S. firms are now owned by women, employing nearly 8 million people and generating $1.5 trillion in sales, according to 2015 data from the National Association of Women Business Owners, however, the number is still very low as a whole and the above-discussed challenges stand as a big reason.
In this scenario, it is essential for female entrepreneurs to network more and more, and they should be able to discover that there are plenty of women and men who are eager to advocate, mentor, and help enthusiast female entrepreneurs to achieve their dreams.